One of JobIn Clients in  Saudi Arabia ∙On-Site Full-Time ∙Senior ∙Bachelor's Degree In Construction Engineering, Civil Engineering, Or A Related FieldDescriptionA Highly-Regarded Corporation Based In Dammam Is Currently Hiring Cost Engineer.Responsibilities:Prepare detailed cost estimates for projects, considering factors like material costs, labor costs, equipment rentals, permits, and unforeseen contingencies.Develop project budgets based on cost estimates and secure stakeholder approval.Utilize cost estimating software and industry databases to ensure accuracy and competitiveness.Monitor project expenditures against the budget throughout the project lifecycle.Identify cost variances and analyze their root causes (e.g., design changes, material price fluctuations).Develop and implement cost-saving measures to stay within budget constraints.Prepare cost control reports for project managers and stakeholders.Proactively identify potential cost risks associated with the project (e.g., schedule delays, material shortages, subcontractor performance).Develop contingency plans to mitigate identified risks and minimize their financial impact.Monitor risk factors and update assessments as the project progresses. SkillsMinimum of 3-5 years of experience in cost engineering, project management, or a related role.Strong understanding of cost estimating methodologies, cost control principles, and risk management techniques.Proficient in Microsoft Office Suite and cost estimating software (e.g., Primavera, CostX).Excellent analytical and problem-solving skills with a keen eye for detail.Ability to work independently and manage multiple projects simultaneously in a fast-paced environment.